AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of The Group Insurance Trust of the California Society of Certified Public Accountants.
LONDON, June 25, 2026 ?Global law firm?Greenberg Traurig, LLP advised Premier Energy PLC, a vertically integrated energy company in Southeastern Europe, on its ?825 million bridge-to-bond acquisition financing for Evryo Group, including Distributie Energie Oltenia, from Macquarie Asset Management.
Space Exploration Technologies (SPCX) credit-default swaps have started actively trading after the company priced its inaugural offering of $25 billion of senior notes, Bloomberg reported Thursday, citing people familiar with the matter.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb? to Ilaf Takaful Insurance Company K.S.C.. The outlook assigned to these Credit Ratings is stable.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?ccc+? from ?ccc? and affirmed the Financial Strength Rating of C of Cooperativa de Seguros de Vida de Puerto Rico. The Credit Ratings reflect COSVI?s balance sheet strength, which AM Best assesses as very weak, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of United Services Automobile Association and its property/casualty and life/health subsidiaries.
Starwood Property Trust (STWD) said Thursday that it is offering $500 million of unsecured senior notes due 2029 in a private offering. The company said it will allocate an amount equal to the net proceeds from the offering to finance or refinance green and/or social projects.
MIAMI BEACH, Fla. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects.
Repurchases $295 million in principal amount of 5% Senior Notes due 2030 Captures significant discount on principal and maintains strong cash position ZipRecruiter?, a leading online employment marketplace, today announced it has entered into separate, privately negotiated repurchase agreements with certain holders of its 5% senior unsecured notes due 2030 to repurchase approximately $295 milli...
Germany will reduce the cost of protecting package holidays against tour operator insolvency by cutting fees and collateral for its national travel security fund, the country's main travel industry association said on Thursday.
Gabon's international bonds declined on Thursday after ratings agency Moody's cut its outlook on the nation's credit to "negative" from "stable". Longer-dated debt saw the biggest losses with bonds due in 2031 falling 0.8 cents on the dollar to bid at 86.15 cents, Tradeweb data showed.
Hudbay Minerals Inc (HBM): * HUDBAY COMPLETES OFFERING OF US$52 MILLION OF 4.50% MUNICIPAL BONDS FOR COPPER WORLD Source text: Further company coverage:
* MOODY'S RATINGS CHANGES GABON'S OUTLOOK TO NEGATIVE FROM STABLE, AFFIRMS CAA2 RATINGS. * MOODY'S: EXPECT GABON'S FISCAL DEFICITS TO REMAIN HIGH OVER MEDIUM TERM Source text:
Moody's on Wednesday revised its outlook on Gabon to "negative" from "stable," saying that significant funding needs, limited financing access and potential increases in debt heighten the likelihood of the government engaging in further debt exchanges. "Such exchanges could be classified as distressed, and therefore constitute a default," Moody's said.
Moody's on Wednesday cut its outlook on Gabon to "negative" from "stable", citing fiscal imbalances, high debt refinancing demands amid restricted funding access and weak public finance management.
SALT LAKE CITY, June 24, 2026 Extra Space Storage Inc. (EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP, has priced a public offering of $550 million aggregate principal amount of 4.900% senior notes due 2032.
Hudbay Minerals Inc. (HBM) today announced that it has completed the previously announced offering of US$52 million in aggregate principal amount of 4.50% Arizona Industrial Development Authority Solid Waste Disposal Revenue Bonds, Series 2026A.
Sony Group (SONY) said in a regulatory filing Wednesday it will issue senior unsecured notes totaling $1 billion at par of the principal amount. The offering comprises of $500 million of 4.657% notes due 2031 and another $500 million of 5.089% notes due 2036, according to the filing. Proceeds will be used for general corporate purposes, it said.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb? to the recently issued $525 million 6.25% senior unsecured notes, due June 2036, of Mercury General Corporation. Mercury General intends to use the proceeds of the issuance to repay its outstanding senior unsecured notes due March 2027 and repay amounts under its unsecured credit facility.
RMHY generally offers exposure to high yield corporate bonds, with systematic allocation capabilities designed to help manage risk Global X Management Company LLC, the New York-based provider of exchange-traded funds, today announced the launch of the Global X Adaptive Risk Managed Yield ETF.
PITTSBURGH, June 24, 2026 /PRNewswire/ -- Federated Hermes (FHI), Inc., a global leader in active investing, today introduced Federated Hermes Ultrashort Bond ETF, designed for investors seeking higher yields in an uncertain interest rate environment.
Fiserv (FISV) said Wednesday that it has completed its tender offers to repurchase outstanding senior notes, with more than $1.33 billion in bonds validly tendered across two separate issues. The company said it will buy back 5.150% notes due 2027 and 4.400% notes due 2049 for cash, with settlement expected on Friday.
Dealer Tire Financial, LLC, a leading distributor of tires and a provider of value-added consulting services to automotive dealerships and automobile original equipment manufacturers, primarily in the United States, today announced that it priced $500 million in aggregate principal amount of 10.375% senior notes due 2031 in a private offering.
Space Exploration Technologies Corp (SPCX) : * Space Exploration Technologies Corp (SPCX) - ANNOUNCES PRICING OF $25 BILLION INAUGURAL BOND ISSUANCE - SEC FILING. * Space Exploration Technologies Corp (SPCX) - OFFERING EXPECTED TO SETTLE ON JUNE 26, 2026 - SEC FILING. * Space Exploration Technologies Corp (SPCX) - TO USE PROCEEDS TO REPAY BRIDGE LOAN AND FOR GENERAL CORPORATE PURPOSES - SEC FILING.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? of Allshores General Insurance Company Limited, Allshores Life and Benefits Company Limited and Island Heritage Insurance Company, Ltd.. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb? of the parent company, Allshores Limited.
Beazer Homes USA (BZH) closed an offering of $400 million of 8% senior unsecured notes due 2032, the company said late Tuesday. Net proceeds will be used to redeem the company's 5.875% senior notes due 2027 and for general corporate purposes, the company added. MT Newswires does not provide investment advice.
Beazer Homes USA, Inc. (BZH) announced today the completion of its previously-announced offering of $400 million aggregate principal amount of 8.000% Senior Unsecured Notes due 2032.
* SPACEX'S $25 BILLION BOND OFFERING ATTRACTED NEARLY $90 BILLION OF ORDERS AT AROUND NOON - FT Source text: https://tinyurl.com/y79dzyd7 Further company coverage:
Space Exploration Technologies Corp (SPCX) : * SPACEX FILES FOR OFFERING OF 5-YEAR, 7-YEAR, 10-YEAR, 20-YEAR, 30-YEAR TENOR SENIOR UNSECURED NOTES - DOCUMENT SEEN BY REUTERS. * SPACEX: PROCEEDS TO REPAY SPACEX BRIDGE LOAN IN FULL, REMAINDER FOR GENERAL CORPORATE PURPOSES - DOCUMENT SEEN BY REUTERS Further company coverage:
Space Exploration Technologies' (SPCX) debut US investment-grade bond offering has drawn roughly $89 billion in demand, Bloomberg reported Tuesday, citing people with knowledge of the matter. The five-tranche deal is seeking to raise $20 billion to $25 billion and is expected to be priced on Tuesday, the report said, adding that the proceeds will refinance a bridge loan and fund corporate expenses.
GFL Environmental (GFL) priced a private offering of $750 million senior notes due 2031, which will be issued by a GFL unit, the company said Tuesday. The notes will bear a stated coupon of 5.625% or about 4.5%, depending on cross currency interest rate swaps, and will be guaranteed by GFL and certain company subsidiaries, according to the statement.
Fairfax bought Indian governmentdebt worth nearly $1 billion last Friday, according to five sources, in a rare purchase throughthe local unit of the Canadian investment holding company. The purchases by Fairfax India Holding Corp were made to bring capital into the country ahead of a potential deal to buy stake in government-owned IDBI Bank, one of the sources, who is close to Fairfax, said.
Western Midstream Partners LP (WES): * WESTERN MIDSTREAM OPERATING LP PRICES OFFERING OF $700 MILLION OF 5.700% SENIOR UNSECURED NOTES DUE 2036 - SEC FILING Source text: Further company coverage:
KBRA assigns a BBB long-term credit rating to Universal Insurance Holdings, Inc.'s $100 million, 7.75% Senior Unsecured Notes due 2031, with a Stable outlook. UVE is a holding company offering property and casualty insurance and value-added insurance services, including risk management, claims management, and distribution. To access ratings and relevant documents, click here.
PARIS---- Regulatory News: Advicenne S.A., a pharmaceutical company specializing in the development and marketing of innovative treatments for people suffering from rare kidney diseases, announced today that it has secured a two-tranche financing of a nominal amount of up to ?3.8 million, through the issuance of bonds subscribed by Cemag Invest and Didier Laurens, Chairman of the Board and CEO ...
Keyera (KEYUF) completed a C$1.0 billion offering of senior notes and a bought-deal public offering of about C$604 million of common shares, the company said Monday. The company issued 11.3 million common shares, including 1.5 million common shares issued to underwriters, who exercised in full their overallotment option.
Space Exploration Technologies Corp (SPCX) : * SPACEX MANDATED BANKS TO ARRANGE SIX FIXED INCOME INVESTOR CALLS THAT WILL BE HELD JUNE 22ND - SOURCE. * POTENTIAL OFFERING BY SPACEX OF SENIOR UNSECURED NOTES, ACROSS 5-30YR USD-DENOMINATED TENORS IS EXPECTED TO FOLLOW - SOURCE.
GFL Environmental (GFL) is planning to launch a private senior notes offering of US$750 million, the company said. The notes, due 2031, will be issued by a U.S. subsidiary and guaranteed by GFL. Proceeds will be used to pay down credit facility debt, in order to help fund part of of the cash component of GFL's acquisition of Secure Waste Infrastructure (SECYF), the company said.
MIAMI BEACH, FL, June 22, 2026 GFL Environmental Inc. (GFL) today announced that it is planning to commence, subject to market and other conditions, a private offering of US$750?million in aggregate principal amount of senior notes due 2031.
SpaceX has commenced its first offering of senior unsecured notes, the proceeds of which will be used to repay outstanding borrowings under its bridge loan facility and to pay related fees and expenses, with the rest going toward general corporate purposes, the company said in a Monday filing. Financial details of the offering were not disclosed. MT Newswires does not provide investment advice.
SpaceX said on Monday it launched an offering of senior unsecured notes and disclosed that it held approximately $100.8 billion in cash and cash equivalents as of June 19.
Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds.
Keyera (KEYUF) after the close Thursday agreed to issue $1 billion of senior unsecured notes in a two-tranche offering expected to close on June 22. According to the statement, the proceeds will be used partially to repay indebtedness. Shares of the company closed down $0.25 to $55.96 0n Toronto Stock Exchange. MT Newswires does not provide investment advice.
AM Best has commented that the Long-Term Issue Credit Rating of ?a-? on the CAD 400 million 4.40% senior unsecured notes due Feb. 27, 2036, originally issued on Feb. 24, 2026 by Fairfax Financial Holdings Limited (FRFHF) [TSX: FFH], remains unchanged despite the additional notes being added to the same series.
SpaceX on Thursday landed investment-grade credit ratings from Moody's, Fitch and S&P Global Ratings, each assigning a "stable" outlook after the Elon Musk-led company's high-profile initial public offering. The consensus signals broad confidence in SpaceX's financial stability, as the company moves forward with a costly and ambitious AI push in a competitive market.
SpaceX on Thursday landed investment-grade credit ratings from Moody's, Fitch and S&P Global Ratings, each assigning a "stable" outlook after the Elon Musk-led company's high-profile initial public offering. The consensus signals broad confidence in SpaceX's financial stability, as the company moves forward with a costly and ambitious AI push in a competitive market.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.